The non-banking finance company will pay a coupon of 10.50% on this issue, and had invited commitment bids on Monday, they said. The notes of the company are rated A- by CRISIL and the issue will be settled on Wednesday. ($1 = 81.8970 Indian rupees) (Reporting by Dharamraj Dhutia Editing by Sonia Cheema)
MUMBAI, March 6 (Reuters) - India's Ugro Capital has accepted bids worth 500 million rupees ($6.1 million) for
bonds maturing in three years, two merchant bankers said on
Monday.
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